GBPUSD - HEAD & SHOULDER (Long-Term Projection)
What's up guys,
it's another week of Clear Divergence.
As we can see, Daily Timeframe showing a clear divergence of the rsi 14,
and the Key Levels between 1.3750 and 1.3600 as the Resistance Zone.
Fundamental Analaysis:
The Britain increases their rates, with 9-0-0 votings and 25 basis points to 0.75% last Thursday,
We are expecting a Strong GBP through the month to come,
Waiting for its sibling currency which is the Euro,
where we are anticipating the news from ECB on August 23rd.
Therefore, Head & Shoulder is what i am looking forward to for this pair.
Cheers~
it's another week of Clear Divergence.
As we can see, Daily Timeframe showing a clear divergence of the rsi 14,
and the Key Levels between 1.3750 and 1.3600 as the Resistance Zone.
Fundamental Analaysis:
The Britain increases their rates, with 9-0-0 votings and 25 basis points to 0.75% last Thursday,
We are expecting a Strong GBP through the month to come,
Waiting for its sibling currency which is the Euro,
where we are anticipating the news from ECB on August 23rd.
Therefore, Head & Shoulder is what i am looking forward to for this pair.
Cheers~
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